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Barclays' former employee selected as the successor for the position of CFO by the citizens

Aunoy Banerjee is slated to take over as the Chief Financial Officer (CFO) for the citizens of Providence, Rhode Island-based regional lender in October, with John Woods stepping down to assume the CFO position at State Street Corporation.

Barclays' former employee appointed as the new Chief Financial Officer by the citizens
Barclays' former employee appointed as the new Chief Financial Officer by the citizens

Barclays' former employee selected as the successor for the position of CFO by the citizens

Aunoy Banerjee Joins Citizens Financial Group as CFO

Aunoy Banerjee has been appointed as the executive vice president and chief financial officer (CFO) of Citizens Financial Group, effective October 24, 2025. Banerjee's extensive experience in leading finance functions at major financial institutions and driving complex transformation programs makes him an ideal fit for Citizens' growth and transformation agenda under CEO Bruce Van Saun.

Banerjee's career in finance began at General Electric, where he joined their finance management leadership program. He later moved on to Barclays Bank, serving as its CFO since April 2024. Prior to Barclays, Banerjee spent eight years at State Street, most recently as its chief transformation officer. Before State Street, he spent 11 years at Citi, culminating as managing director of the markets and securities services business.

Banerjee's appointment at Citizens comes as John Woods departs for the CFO role at State Street after eight years with Citizens. Chris Emerson will fill the CFO role at Citizens in the interim. Banerjee's previous role was as CFO at Barclays Bank, where he oversaw a £1.1 trillion balance sheet.

Banerjee expressed his excitement about joining Citizens, stating that he looks forward to helping drive sustainable growth and value for all stakeholders. He has also expressed his passion for building a winning spirit in a team and developing the right skillsets and processes. Banerjee's quote of inspiration is, "It's not the fastest or the strongest or the most talented team which wins all the time, but the team which always wins is the team that believes it can."

Piper Sandler analysts have praised Banerjee's appointment, citing his prior experience and leadership roles. Banerjee's LinkedIn profile also indicates that he expressed his enthusiasm about joining Citizens in a post.

At the time of writing, no response was received from a Barclays Bank spokesperson regarding its CFO succession. The article does not mention any specific retail-related facts. No information about purchasing licensing rights was provided in the article.

Banerjee's extensive experience in finance, spanning various banking-and-insurance institutions like Citi, State Street, and Barclays Bank, will be vital in his new role as the executive vice president and chief financial officer (CFO) of Citizens Financial Group. In the industry, Banerjee successfully managed a £1.1 trillion balance sheet at Barclays Bank, demonstrating his proficiency in handling complex financial business matters.

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